Bolt Electrics is offering a 20% discount this week on MP3 players. If the price of an MP3 player was $620. How much will it now cost?
Question
Bolt Electrics Discount Question
Information:
- Original price of MP3 player: $620
- Discount offered: 20%
To find:
How much will it now cost?
Solution
Step 1: Understand the problem. The original price of the MP3 player is $620 and Bolt Electrics is offering a 20% discount.
Step 2: Calculate the amount of the discount. To do this, multiply the original price by the discount rate. In this case, 124. This is the amount that will be deducted from the original price.
Step 3: Subtract the discount from the original price to find the new price. So, 124 = $496.
So, after a 20% discount, the MP3 player will now cost $496.
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